Someone sent me an email abt Holiday sales

[Guest]

I was brainstorming with a fellow soaper about going half on a flea market booth and she sent me the link below

www.handmadegalleriesla.com

we talked further about crafters dividing their time between making and selling, which is why I have no problem leaving my soaps at another person's booth to sell while I stay home and soap.

so anyway...here is my question to you guys...Lets say a non competing craft person rented a kiosk in a popular city mall, and rented space on the kiosk for your craft item to be sold...what kind of deal would be the most favorable to you as a crafter...lets say you are states away from the person selling your craft item but all you had to do was send a check to pay for your item space, send your items...and sit back and wait for reports of your sales and your reciepts...what ever doesn't sell gets returned...what would be your fears in a deal like that?

This is from the website listed above....

Handmade is the Missing Piece to Your Profits
You're an artist and a darn good one at that. You have a great following in the indie craft scene. In a perfect world, you'd have enough time to create your art and be selling round the clock, but between craft fairs, blogging and promoting you need something else to provide a steadier stream of income.
What you're missing, Handmade provides: A thriving retail environment with a ready-to-buy clientele (and YES, we do get loads of celebrity shoppers.)

Imagine being part of a group of artists who have already discovered they can:

raise their profile by being part of one of LA's Top 25 Gift Shops
capitalize on their established brand
place their products in a boutique with a high media profile and access to film and television industry insiders
access a broader, ready-made market with a cracker jack sales force
display more of their product in a way that enhances their brand
Come be shoulder to shoulder with industry insiders and top artists who meet our criteria.

 

[Tabitha]

That is called consignment. I feel a fair consignment cut is 30% to the vendor and 70% to the crafter/artist. I own a consignment B&M & those are my rates. I have also been a consigner at other peoples shops & feel it's fair from both sides of the table.

 

[Guest]

That is called consignment. I feel a fair consignment cut is 30% to the vendor and 70% to the crafter/artist. I own a consignment B&M & those are my rates. I have also been a consigner at other peoples shops & feel it's fair from both sides of the table.

so if I as a crafter sent 30 bars of soap on consignment, that if they all sold at $5 a bar and netted a $2 profit, that .60 cents would go to the seller and $1.40+$3 wholesale cost would go back to the carfter, so the space rent would be a flat $18.00 and the return of unsold items?

 

[Tabitha]

If you send 30 bars of soap on consignment & they all sold at $5 a bar that would equal $150.00 in sales. The shop owner would keep 30% of the sale price which is $45.00. You would get a check for $105.00.

 

[Tabitha]

You either wholesale or you consign, you don't do both w/i the same bar.

 

[Guest]

You either wholesale or you consign, you don't do both w/i the same bar.

I got ya...... 8) (I'm gettin old an a lil rusty at figuring things out :wink: )

 

[Tabitha]

You can settle on a diff consignment value. I have lots of people send me messages at etsy that want to consign my items but they want to keep 40%. No way, I always counter offer that for 50% they could just buy the items straigt out. I have also heard of shops just retaining 20% but I think they are few & far between. It is up to you & the other person though to find the number that works for you both. You will also need to think about theft & damage. Who will be responsible for that?